About current problems of development of the world financial system

Autor: E. V. Zenkina, Y. S. Begma
Rok vydání: 2019
Předmět:
Zdroj: Voprosy regionalnoj ekonomiki. 39:172-178
ISSN: 2078-4023
Popis: Domination of the financial sphere in modern world economy is caused first of all by issue of credit monetary requirements. Such issue exceeding the volume of fiat deposits breaks a ratio between money supply and cost of the consumed goods. The arising imbalanceis stimulated also with growth of a share of virtual products for which the classical principle of pricing on the basis of expenses of factors of production is initially broken. The financial bubble grows and remains firm so far the trust to the world foreign exchange market remains. But credit expansion cannot be infinite.
Databáze: OpenAIRE